Q3 profit of Rs 4,111.95 cr for DLF
Real estate major DLF in February reported an exponential rise in its consolidated net profit ...
Real estate major DLF in February reported an exponential rise in its consolidated net profit for the third quarter of 2017-18 to Rs 4,111.95 crore. According to the company, its consolidated net profit increased on the back of “one-time, exceptional pre-tax gain of Rs 8,569 crore due to restatement of DLF’s investment in DCCDL.” Consequently, the Q3 consolidated net profit rose to Rs 4,111.95 crore from Rs 98.88 crore reported during the corresponding period of FY17.
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